The retirement effect is

A. when people retire later than they normally would have due to Social Security.
B. when people decide not to retire at all because of problems with Social Security.
C. when people retire earlier than they normally would have due to Social Security.
D. when people save less for their retirement due to Social Security.


C. when people retire earlier than they normally would have due to Social Security.

Economics

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The above figure shows the marginal social benefit and marginal social cost curves of coffee in the nation of Kaffenia. What is the efficient quantity of coffee to produce each day?

A) one hundred pounds B) two hundred pounds C) three hundred pounds D) four hundred pounds

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Savings deposits and time deposits are not included in M1 because these are not held by the nonbanking public

a. True b. False Indicate whether the statement is true or false

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The problem of _____ can arise when a seller cannot obtain reliable information from buyers

a. moral hazard b. adverse selection c. lemons problem d. incomplete information

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In 2013, which of the following countries had the largest current account balance?

a. Germany b. France c. United States d. Japan

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